Maritime Summit nets Rs 83K-cr investment proposalsThe maiden Maritime Summit here has resulted in investment commitments of nearly Rs 83,000 crore ($13 billion) in the shipping, ports and allied sectors, Union Shipping Minister Nitin Gadkari said. - 15 Apr 16, 9:50pm -
Manish Tewari said since Jammu and Kashmir is a frontline border state, it is imperative that the Governor keeps a close watch on the situation. - 15 Apr 16, 9:50pm -
Protest goes up in smoke: ITC to resume cigarette manufacturing after court orderThe Kolkata-headquartered firm had suspended manufacturing at all its five cigarette factories saying there was a lack of clarity in policy. - 15 Apr 16, 9:49pm -
On Kejriwal's "populist measures" in Delhi, the former Punjab CM alleged that Kejriwal had "fooled" people at every step of his public life. - 15 Apr 16, 9:44pm -
Delhi government has banned all chewing tobacco products, including pan masala, gutkha, flavoured and scented tobacco and kharra, for a year. - 15 Apr 16, 9:40pm -
All categories of income tax return forms online. File it, forget it E-filing of income tax return for all category of filers for the assessment year 2016-17 has been operationalised. CBDT had notified the new forms on March 30. - 15 Apr 16, 9:00pm -
Minority Affairs Minister will launch the scheme simultaneously for six centres in as many villages through video conferencing from Girls' College in Mansa town. - 15 Apr 16, 8:59pm -
Taking cognizance of Mamata Banerjee's outburst against the EC for slapping a showcause notice against her, the poll panel has decided to examine her comments made in public meetings across the state. - 15 Apr 16, 8:56pm -
The 24-hour trip comes just days after Italy's Prime Minister Matteo Renzi became the highest-ranking European leader to visit Tehran since July's nuclear accord. - 15 Apr 16, 8:55pm -
The TMC supremo accused the poll panel of acting only on the complaints of opposition-sponsored "syndicates" and transferring police officers. - 15 Apr 16, 8:53pm -
The government has deployed them with rose stems in their hands across the national capital to request violators to follow odd-even rules. - 15 Apr 16, 8:44pm -
German labour rules may force Daimler to create more software and technology jobs abroad as it strives to develop a new generation of driverless vehicles. - 15 Apr 16, 8:39pm -
Jayalalithaa accused Karunanidhi of being a "party" in India ceding Katchatheevu islet to Sri Lanka, by not moving court against the Centre's decision. - 15 Apr 16, 8:36pm -
Keshav Maurya asked the party leaders to maintain distance from contractors, sycophants, middlemen and to never ignore the party workers. - 15 Apr 16, 8:32pm -
"Russia's military presence in Syria is just as powerful now as it was at the end of 2015," said Nick de Larrinaga, Europe Editor of IHS Jane's Defence Weekly. - 15 Apr 16, 8:29pm -
Europe's top economies called for a crackdown on tax havens and urged G20 countries to rip away the secrecy protecting shell companies. - 15 Apr 16, 8:27pm -
One more 'water' train with 50 wagons of 27 lakh litre capacity left today for Miraj in Maharashtra to cater to the needs of the parched Marathwada region which is battling its worst-ever drought. - 15 Apr 16, 8:25pm -
Bombardier Inc shares jumped 16.3% to C$1.78 in early trading following reports that the Canadian plane and train-maker is poised to secure the largest order ever. - 15 Apr 16, 8:23pm -
Nitish Kumar today said social change due to the ban was transcending the boundaries of Bihar triggering similar demands in Jharkhand and Uttar Pradesh by women. - 15 Apr 16, 8:14pm -
Nasscom, the apex body of IT companies in India, has said that while the per capita employment in the IT sector is declining, the employment opportunity in technology outside the technology sector is increasing. The industry body is looking at researching the impact of technology in other areas, said R Chandrashekhar, president of Nasscom.In a panel discussion on Trends in IT industry, organised by the Southern India Chamber of Commerce and Industry (SICCI) in Chennai, he said, that due to autom… - 3 hours ago, 23 Jul 17, 3:40pm -
Tablez India, the unit of Lulu Group, UAE's largest retailer is in talks to bring around six global brands to India and expand its stores in fashion, toys and ice-cream stores in the country.Tablez plans to set up 15 Cold Stone Creamery stores; 70 odd stores of Spanish fashion brands - Springfield and women's secret; 75 outlets of Toys 'R' Us in the country, each of them exclusive to the group. The first outlet of Toys R Us is set to open in Bengaluru in two months."Our aim is to make Tablez… - 18 hours ago, 23 Jul 17, 12:00am -
Aggressive innovation moves such as $2000 for best ideas can outweigh Indian peers in gaining digital revenue Accenture Plc has started funding innovation ideas from employees on emerging technologies to drive faster growth in digital. The US-based firm has received 13,700 ideas from employees of Indian technology delivery centres on digital technologies such as design thinking machine learning - two key themes were Disruptive Businesses, Digital India - and the best ones are being implemented… - 18 hours ago, 22 Jul 17, 11:55pm -
In order to offer a differentiated buying experience when compared to rivals Walmart and Amazon, US retail giant Target has built a product to allow customers to walk through a virtual house and pick any decor or furniture product they see in it.While several retailers have begun working on ways to help customers experience products such as furniture, which people want to touch and feel before making a purchase, virtually, Target's efforts in this were aided by a tiny company based in Bengaluru.… - 18 hours ago, 22 Jul 17, 11:52pm -
After crossing a target of total 10,000 beds capacity, Apollo Hospitals is gearing for next stage of expansion plan, which would see addition of around 2,000 beds. The hospital chain is in the final stage of its current three-year expansion plan, which is to add 2500 beds."I think Apollo doesn't sleep. It works round the clock and we are completing the three year plan of adding 2,500 beds now, which will be completed with the Proton Centre. But we will have another three year plan, we need more… - 19 hours ago, 22 Jul 17, 11:32pm -
Union minister Smriti Irani hit back at Congress leader Rahul Gandhi for drawing a parallel between the prime minister and Adolf Hitler, saying there were "no prizes for guessing" who was inspired by the dictator and imposed the Emergency.She also tweeted yesterday that a "bleak future" awaited the Congress and not the nation, and quipped, "However, thank you @officeofRG for all that you do. Sincerely from the BJP!""@OfficeOfRG u r 42 yrs late on this 1. No prizes for guessing who was insp… - 20 hours ago, 22 Jul 17, 9:49pm -
Government of India has given its concurrence to engage Asian Development Bank (ADB) for carrying out feasibility study for East Coast Economic Corridor (ECEC) and preparing the Conceptual Development Plan (CDP) for East Coast Economic Corridor (ECEC) linking Kolkata in East through Chennai to Tuticorin in South in a phased manner in May, 2014. In the first phase, Vizag-Chennai Industrial Corridor (VCIC) segment of ECEC was taken up. Government of Andhra Pradesh (GoAP) is implementing the projec… - 21 hours ago, 22 Jul 17, 9:37pm -
Defender Anas Edathodika and midfielder Eugeneson Lyngdoh emerged the costliest picks for an identical Rs 1.1 crore in the Indian Super League (ISL) domestic players draft here today. While Edatho... - 53 mins ago, 23 Jul 17, 5:19pm -
The chairman of parliamentary panel on finance, M Veerappa Moily, today said he was for changing the financial year to January—December, but the government should not rush the process lest it disrupt... - 2 hours ago, 23 Jul 17, 4:42pm -
Cab aggregator Ola has invested Rs 100 crore in its car leasing subsidiary, Ola Fleet Technologies. The investment comes at a time when the homegrown firm is locked in an intense battle with US—ba... - 2 hours ago, 23 Jul 17, 4:40pm -
For the first time, the city will play host to the National Handloom Day celebrations on August 7, as the government looks to accord due recognition to the North East by showcasing its rich art and c... - 2 hours ago, 23 Jul 17, 4:38pm -
A huge pay gap between CEOs and other employees at Indian companies has come to the fore, with the biggest listed blue—chip firms doling out to their top executives salary packages of up to 1,200—tim... - 2 hours ago, 23 Jul 17, 4:34pm -
The government appointees on the powerful Monetary Policy Committee will be paid Rs 1.5 lakh per meeting along with air travel and other reimbursements, but will need to observe a “silent period” sev... - 2 hours ago, 23 Jul 17, 4:31pm -
Massive searches, seizures and surveys by the Income Tax (I-T) department over the last three years have led to the detection of around Rs 71,941 crore of “undisclosed income”, the Centre has told th... - 2 hours ago, 23 Jul 17, 3:52pm -
Mobile apps seeking blanket access to phone users’ information — even if irrelevant to their functions — have come under the lens of TRAI, which will start consultation on data privacy and security i... - 3 hours ago, 23 Jul 17, 2:49pm -
Union minister Prakash Javadekar has said question papers in vernacular languages for the all— India entrance examination for medical colleges, NEET, will be mere translation of the question papers i... - 3 hours ago, 23 Jul 17, 2:44pm -
At least 26 chartered accountants have come under the scanner of the ICAI for allegedly helping shell companies, a senior official said. The Institute of Chartered Accountants of India (ICAI) is t... - 4 hours ago, 23 Jul 17, 2:01pm -
State-owned Engineers India Ltd’s Rs 658.80 crore share buyback will open on July 25 and close on August 7. According to a regulatory notice by lead manager IDBI Capital Markets and Securities Ltd... - 5 hours ago, 23 Jul 17, 1:31pm -
Data is going to be the currency of the future and the company has invested heavily in it, Wipro CEO Abidali Neemuchwala has said. “We are seeing a significant ability to transform customers in th... - 5 hours ago, 23 Jul 17, 12:51pm -
The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of Rs 500/1000 denomination. The central bank is currently engaged in ... - 6 hours ago, 23 Jul 17, 12:28pm -
The combined market valuation of four of the top-10 Indian firms plummeted by Rs 61,930.86 crore last week, dragged down mainly by ITC which alone took a hit of Rs 58,902.54 crore. While ITC, HDFC... - 6 hours ago, 23 Jul 17, 12:18pm -
A search panel headed by the Cabinet Secretary is scheduled to interview candidates on July 29 to find a successor for RBI Deputy Governor SS Mundra, who is completing his three—year term this month—... - 6 hours ago, 23 Jul 17, 12:17pm -
Despite increasing number of students not paying back their loans spiking NPAs to over 10 per cent, lending continues for higher education with the disbursals topping Rs 20,000 crore in fiscal 2017, ... - 6 hours ago, 23 Jul 17, 11:57am -
The proposed anti-profiteering authority under the new GST regime will take up for scrutiny only those cases that have mass impact and those where undue profit of more than Rs 1 crore has been earned... - 7 hours ago, 23 Jul 17, 11:24am -
Emphasising that there will “definitely” be pruning of the Tata portfolio, Tata Sons Chairman Natarajan Chandrasekaran has said that the company will not exit a business “just to get a headline” but ... - 8 hours ago, 23 Jul 17, 10:22am -
The continuing rally on the Dalal Street has fund houses that hawk balanced funds laughing their way to the bank as the segment is amongst the fastest—growing in terms of net fund flows, as per Amfi ... - 8 hours ago, 23 Jul 17, 10:14am -
Having already received six pre-qualification bids for the rolling stocks, Mumbai Metro Rail Corporation (MMRC) is hopeful of opening financial bids for the same by the end of next month for the Line... - 8 hours ago, 23 Jul 17, 10:10am -
A day after the CAG released a report critical of the food served in stations and trains, the Ministry of Railways on Saturday said the IRCTC has formed a new catering policy by unbundling the curren... - 8 hours ago, 23 Jul 17, 10:07am -
The core performance of public sector banks has been dismal. But if investors look deeper, there’s treasure to be found in their non-core investments. - 20 hours ago, 22 Jul 17, 10:18pm -
BJP President Amit Shah today said his party wants the Ram temple in Ayodhya to be constructed in a legal manner after mutual dialogue.“The party’s stand is clear and mentioned in the last four ... - 23 hours ago, 22 Jul 17, 7:09pm -
The Centre is planning amendments to the Right to Education Act (RTE) to reintroduce the pass-fail system in school education, Union HRD Minister, Prakash Javadekar said.Enabling provisions are be... - 24 hours ago, 22 Jul 17, 6:34pm -
APPSeCONNECT – an enterprise category iPaaS product by InSync Tech-Fin Solutions Ltd. has been awarded the NASSCOM East IT Awards 2017 in the “Emerge – IT product” category.This award recognizes e... - 1 day ago, 22 Jul 17, 5:25pm -
ITC manufactures a range of cigarette brands, including India Kings, Classic, Gold Flake, Navy Cut, Capstan, Bristol, Flake, Silk Cut, which are manufactured at plants in Bengaluru, Munger, Saharanpur... - 15 Apr 16, 8:47pm -
Infosys on Friday said it has given a wage hikes of 6-12 per cent to its employees in India and of about 2 per cent to onsite workers. - 15 Apr 16, 7:05pm -
Terming the debate around visa-related issues as "rhetoric", Infosys chief Vishal Sikka on Friday said the company is working on becoming "independent of the visa issue" as much as possible and hire m... - 15 Apr 16, 5:56pm -
Pitching for more coordinated effort by G20 to boost global growth, Finance Minister Arun Jaitley has said that countries must avoid trade protectionist measures and refrain from competitive devaluati... - 15 Apr 16, 5:21pm -
Alkem was found to have engaged in "intentional misrepresentation" of data and duplicated results of electrocardiogram (ECG) readings of patients in trials, the German regulator said in a notice sent ... - 15 Apr 16, 5:17pm -
The broader market performance is complete opposite to last year, where minnows ruled as mid-cap and small-cap stocks beat their blue-chip peers for the second year in a row with an average return of ... - 15 Apr 16, 4:13pm -
Uber and Lyft are eviscerating the taxi industry in Los Angeles three years after they began operating in the city, officials say. - 15 Apr 16, 3:55pm -
Google in collaboration with RailTel, the telecom arm of the Indian Railways, has rolled out free WiFi service at 9 more stations, taking the total to 10 where it will offer high-speed Internet to an ... - 15 Apr 16, 3:11pm -
Tourism Minister Mahesh Sharma today said presently only 0.40 per cent of the tourists in India opt for cruise tours, while India's share in the global cruise tourism market is 0.68 per cent. - 15 Apr 16, 2:24pm -
India's top cigarette maker ITC Ltd, part-owned by British American Tobacco, said it was not ready to print bigger health warnings on its packs as mandated by the government and will keep its factorie... - 15 Apr 16, 2:20pm -
"Steve Jobs always said you always connect the dots looking back ... every day that goes by I feel very comfortable that we will get there," Dr Sikka said, referring to the late founder of Apple Inc, ... - 15 Apr 16, 1:50pm -
Infosys is confident of revenues growing 11.5-13.5 per cent this fiscal despite softness in segments like insurance, energy and telecom. - 15 Apr 16, 1:16pm -
Infosys on Friday reported a net profit of Rs 3,597 crore on sales of Rs 16,550 crore in the March quarter, surpassing the Street estimates for the fourth straight time. - 15 Apr 16, 1:01pm -
The number of downgrades in credit rating of companies jumped marginally last fiscal, though it moderated from the highs of 2013-14, Care Ratings said on Thursday. - 15 Apr 16, 12:55pm -
However, some academics say the changes, which effectively involve breaking up the IKEA Group, could also disrupt the smooth running that makes IKEA so efficient. - 15 Apr 16, 12:40pm -
Reserve Bank may further lower the interest rate if inflation continues to ease and the monsoon turns out to be good, Governor Raghuram Rajan has said. - 15 Apr 16, 12:11pm -
Drug firm SeQuent Scientific has said its subsidiary Alivira Animal Health will acquire 70 per cent stake in Interchange Industria e Comercio de Productos Veterinarios SA Brazil for $3.6 million to fo... - 15 Apr 16, 11:53am -
Emphasising the need for globally coordinated policy decisions to remedy the global economic turbulence, Finance Minister Arun Jaitley today said the time is ripe for a reevaluation of the fiscal poli... - 15 Apr 16, 11:42am -
The rupee snapped its three-day winning spree against the American currency by falling 21 paise to 63.72 on fresh dollar demand from banks and importers in view of a firm dollar in the overseas market. - 18 May 15, 6:21pm -
After consolidating for second straight day, late surge drove market on higher levels. The Sensex was up 363.30 points or 1.3 per cent at 27687.30 while the Nifty ended up 111.30 points or 1 per cent at 8373.65. - 18 May 15, 4:21pm -
In the last 10 years, India has discovered auctions for itself. All kinds of public resources (such as 3G spectrum) or contracts (such as power purchase agreements, PPAs) are auctioned off. - 18 May 15, 3:48pm -
The rupee appreciated by another 4 paise to 63.47 against the US dollar in the early trade on Monday, extending its winning streak for the fourth day on continued selling of the American currency by exporters. - 18 May 15, 10:02am -
The market has kick-started the week on a positive note. The Sensex is up 79.82 points or at 27403.82 and the Nifty is up 22.90 points at 8285.25. - 18 May 15, 9:38am -
The applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 27.05 per scm, which is being increased from existing Rs 26.55 per scm. - 17 May 15, 10:11pm -
Making taxation more reasonable and improving ease of doing business will be among his top priorities going ahead, Finance Minister Arun Jaitley said on Sunday, as he outlined the economic road map of the Modi government for its second year. - 17 May 15, 8:08pm -
Making taxation more reasonable and improving ease of doing business will be among his top priorities going ahead, Finance Minister Arun Jaitley said on Sunday, as he outlined the economic road map of the Modi government for its second year. - 17 May 15, 4:45pm -
Giving the Modi government 7 out of 10 for its first year's performance, Assocham on Sunday said it still needs to cover some ground on tax issues and a lot more needs to be done on improving ease of doing business. - 17 May 15, 2:34pm -
With the Narendra Modi government set to complete a year in office, aviation industry experts say the sector hasn't had much to cheer about during this period as the much-needed reforms have either been in a go-around mode or in holding pattern. - 17 May 15, 12:53pm -
The controversial new income tax return forms, which had been put on hold, will be "far more simplified", Finance Minister Arun Jaitley said on Saturday, but kept the suspense on if the requirement of disclosing all bank accounts and foreign travels will be retained. - 16 May 15, 7:42pm -
ICICI Bank Ltd (ICBK.NS), India's biggest private sector lender by assets, on Saturday opened its first branch in China as trade between Asia's two key economies flourishes. - 16 May 15, 5:39pm -
Extending support to the Narendra Modi government's fight against black money, Switzerland has now committed to cooperate. Switzerland's Economic Affairs Minister Johann Schneider Ammann said the Swiss Parliament will consider changes in laws to facilitate the sharing of information in cases being probed on the basis of data stolen from swiss bank accounts. - 16 May 15, 11:36am -
On the third day of his visit to China, Prime Minister Narendra Modi met CEOs of top Chinese companies in Shanghai on Saturday. Taking ties to a new level, 21 Memorandum of Understandings were signed between Indian and Chinese companies. - 16 May 15, 9:52am -
Prime Minister Narendra Modi met CEOs of top Chinese companies in Shanghai on Saturday. Twenty one Memorandum of Understandings have been signed between Indian and Chinese companies. Representatives from top Chinese companies such as Alibaba, Xiaomi and Huawei attended the meeting. - 16 May 15, 8:29am -
On the final leg of his 3-day visit to China, Prime Minister Narendra Modi met CEOs of top Chinese companies in Shanghai on Saturday. Twenty one Memorandum of Understandings have been signed between Indian and Chinese companies. - 16 May 15, 8:23am -
A majority of 54 per cent of listed companies are 'behind the curve' in carrying out an impact assessment for the new Indian Accounting Standards (Ind-AS), a survey said on Friday. - 15 May 15, 8:37pm -
Continuing its rising trend for the third straight day, the rupee on Friday rose by another 14 paise against the American currency to close at 63.51 on sustained selling of dollars by banks and exporters amid gains in equities. - 15 May 15, 6:27pm -
Logging second straight weekly gain, the benchmark BSE Sensex on Friday rose by 117.94 points to end at 27,324, led by gains in banking shares such as State Bank of India on hopes of a rate cut. - 15 May 15, 6:24pm -
The Labour Ministry has allowed investing a part of retirement fund body EPFO's (Employees' Provident Fund Organisation) incremental corpus in equity market in the form of exchange-traded funds, Central Provident Fund Commissioner K K Jalan said Friday. - 15 May 15, 6:21pm -
Without giving any firm answer to a question whether he supported demonetisation or had expressed his reservations, the chief economic adviser said: "Why do you want to deprive my memoir of commercial value?" - 21 hours ago, 22 Jul 17, 8:57pm -
"The Failing New York Times foiled US attempt to kill the single most wanted terrorist, Al-Baghdadi. Their sick agenda over National Security," Trump tweeted. - 21 hours ago, 22 Jul 17, 8:48pm -
The BJP president, who is a on a three-day visit to Rajasthan, said all political parties should discuss the issue and take it up with the Election Commission. - 23 hours ago, 22 Jul 17, 7:21pm -
Auto components maker Amtek Auto Ltd on Saturday reported widening of standalone loss to Rs 889.58 crore for the first quarter ended June 30, hit by exceptional inventory losses. - 23 hours ago, 22 Jul 17, 7:14pm -
Amid speculation over a rift in the #39;grand alliance#39; in Bihar, Chief Minister Nitish Kumar on Saturday met Congress vice president Rahul Gandhi and is learnt to have discussed the current political situation. - 23 hours ago, 22 Jul 17, 7:09pm -
US Defence Secretary James Mattis said he believes the elusive Islamic State leader Abu Bakr al-Baghdadi is still alive, shooting down claims he was killed in a Russian air strike in war-torn Syria. - 23 hours ago, 22 Jul 17, 7:05pm -
HRD minister Prakash Javadekar on Saturday said education is a national agenda and should be the top priority of all political parties. - 23 hours ago, 22 Jul 17, 6:58pm -
Patidar quota agitation spearhead Hardik Patel on Saturday said he had no immediate plans to enter electoral politics and will continue to focus on raising issues related to his community and the agriculture sector. - 23 hours ago, 22 Jul 17, 6:55pm -
The statement of Singapore Deputy Prime Minister Tharman Shanmugaratnam assumes significance as Indian IT companies use that country as a gateway to serve clients in the region. - 23 hours ago, 22 Jul 17, 6:48pm -
Lower interest burden helped Avenue Supermarts, that runs the D-Mart chain of supermarkets, to report a healthy 47.6 per cent jump in net profit for the June quarter at Rs 174.77 crore. - 24 hours ago, 22 Jul 17, 6:42pm -
Union minister Prakash Javadekar on Saturday said West Bengal Chief Minister Mamata Banerjee#39;s campaign to dislodge the BJP was a #39;daydream#39; and it showed her #39;frustration and despair#39; at the growing number of people joining the party. - 24 hours ago, 22 Jul 17, 6:32pm -
At least two students of the National Law Institute University (NLIU) here have filed complaints with the UGC#39;s anti-ragging helpline accusing their seniors of indulging in ragging, sexual abuse and alcohol consumption on the campus. - 24 hours ago, 22 Jul 17, 6:24pm -
RBI Deputy Governor Viral Acharya on Saturday said the cleaning of banks#39; balance sheet is the #39;number one priority#39; for the central bank. - 1 day ago, 22 Jul 17, 5:44pm -
The Federation of All Odisha Traders’ Association (FAOTA) on Saturday urged the public to boycott Chinese products in the wake of the growing tension between India and the neighbouring country. - 1 day ago, 22 Jul 17, 5:28pm -
BARCELONA (Reuters) - Almost three quarters of Spanish business leaders fear Catalonia's plans for an independence referendum on Oct. 1 could harm the country's economy, according to a study by Deloitte published in Spanish newspaper El País. - 3 hours ago, 23 Jul 17, 3:00pm -
BEIJING (Reuters) - China's Hebei province will likely meet its annual target for reducing coal capacity by the end of September, official newspaper Hebei Daily reported on Sunday, citing information from the provincial planning body. - 7 hours ago, 23 Jul 17, 11:12am -
NEW DELHI (Reuters) - The state government in Delhi told Philip Morris International Inc and other tobacco companies on Saturday to remove all advertisements from tobacco shops in the city, warning them of legal action if they do not comply. - 19 hours ago, 22 Jul 17, 10:43pm -
BOGOTA (Reuters) - TPI Triunfo Participações & Investimentos SA and a pool of about 20 banks have agreed on terms to restructure 2.113 billion real ($672.6 million) of debt, giving the Brazilian infrastructure firm a lifeline to finalize projects and downsize gradually. - 22 hours ago, 22 Jul 17, 8:32pm -
BRUSSELS (Reuters) - EU antitrust regulators are investigating allegations of a cartel among a group of German carmakers, the European Commission said on Saturday, a measure that could result in hefty fines for the companies. - 23 hours ago, 22 Jul 17, 7:29pm -
ZURICH (Reuters) - A European Medicines Agency (EMA) panel said on Friday it has recommended Roche's immunotherapy Tecentriq as a treatment for advanced bladder and lung cancer, setting the stage for European Commission approval this year. - 1 day ago, 22 Jul 17, 4:23pm -
BEIJING (Reuters) - The parents of a child who died in a traffic accident while riding an Ofo share bike in Shanghai have sued the fast-growing start-up for financial compensation. - 1 day ago, 22 Jul 17, 2:05pm -
TOKYO (Reuters) - Toyota Motor Corp is likely to begin mass production of electric vehicles (EVs) in China as early as 2019, the Asahi daily reported on Saturday. - 1 day ago, 22 Jul 17, 12:12pm -
NEW DELHI (Reuters) - India plans to seek an explanation from Philip Morris International Inc about its marketing practices after Reuters reported that the tobacco giant used tactics that government officials say flout the country's law, a health ministry official said on Friday. - 1 day ago, 22 Jul 17, 9:32am -
MUMBAI (Reuters) - India's disruptive new mobile entrant Reliance Jio, backed by the country's richest man Mukesh Ambani, unveiled a low-cost 4G-enabled phone on Friday to woo tens of millions of new customers, further destabilising established telecoms players. - 2 days ago, 21 Jul 17, 7:33pm -
Driven by strong participation from retail investors, the number of mutual fund folios grew by over 93 lakh to an all-time high of 5.82 crore at June-end, from the year-ago level - 2 mins ago, 23 Jul 17, 6:10pm -
RBI says the govt appointees on the Monetary Policy Committee will be paid Rs1.5 lakh per meeting along with air travel and other reimbursements - 20 mins ago, 23 Jul 17, 5:52pm -
The pilots’ union of Jet Airways says the airline has asked junior pilots to furnish surety bonds worth up to Rs1 crore and serve the company for at least five to seven years - 56 mins ago, 23 Jul 17, 5:16pm -
Turkish President Recep Tayyip Erdogan embarks on a visit to the Gulf region, says he wants to see the end of the standoff between Turkey’s ally Qatar and its neighbours - 1 hour ago, 23 Jul 17, 4:55pm -
The proposed anti-profiteering authority under the GST regime will take up for scrutiny only those cases where undue profit of more than Rs1 crore has been earned - 2 hours ago, 23 Jul 17, 4:42pm -
As outgoing President Pranab Mukherjee gets ready to leave the Rashtrapati Bhavan, old friends recall with fondness the anecdotes that marked his long career in politics - 2 hours ago, 23 Jul 17, 4:18pm -
The Ordnance Factory Board has reportedly decided to bring down import of spares and components from current 60% annually to 30% in the next three years - 2 hours ago, 23 Jul 17, 3:52pm -
Air India Express has floated a tender soliciting interest from entities that can set up and manage ‘search engine marketing channels’ for the airline - 3 hours ago, 23 Jul 17, 3:33pm -
White House communications chief Anthony Scaramucci cleared up his old tweets in which he differs from Trump on illegal immigration, climate change, Islam and even gun control - 3 hours ago, 23 Jul 17, 3:06pm -
MiG CEO Ilya Tarasenko says Russia is eager to sell its new fighter aircraft MiG-35 to India and talks are on to understand requirements of the Indian Air Force (IAF) - 4 hours ago, 23 Jul 17, 2:18pm -
The Delhi government has planned to launch a mobile application which would serve as a ‘single-window’ platform to let people check status of its various projects - 4 hours ago, 23 Jul 17, 2:15pm -
Canara Bank-led consortium has invited an expression of interest to take over the thermal power project which came under corporate debt restructuring plan - 4 hours ago, 23 Jul 17, 1:51pm -
Wipro CEO Abidali Neemuchwala says data is going to be the currency of the future and the company has very heavily invested in this area - 4 hours ago, 23 Jul 17, 1:49pm -
The Reserve Bank of India will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped Rs500, Rs1000 notes - 5 hours ago, 23 Jul 17, 1:27pm -
The proposal for Ola investing Rs100 crore into Ola Fleet Technologies was accepted by the board of the car leasing arm last month - 5 hours ago, 23 Jul 17, 1:12pm -
Introduction of Rs200 note will fill in the ‘missing middle’ even as the new currency in circulation has already reached 84% of the pre demonetisation level, says a Ecowrap report - 5 hours ago, 23 Jul 17, 1:10pm -
NITI Aayog vice chairman Arvind Panagariya said he does not agree with the classification in some sections of the media that India’s economic growth is a jobless growth - 7 hours ago, 23 Jul 17, 11:25am -
Tata Sons chairman Natarajan Chandrasekaran says the company will exit a business only when it is certain and not getting returns from it - 7 hours ago, 23 Jul 17, 11:11am -
35 senior bureaucrats have been appointed as secretaries and additional secretaries in various central government departments as part of a major reshuffle - 19 hours ago, 22 Jul 17, 10:54pm -
Union minister Smriti Irani says the goods and services tax (GST) is a great step towards transparency and business community should be part of this historic reform - 1 day ago, 22 Jul 17, 4:59pm -
US defence department spokesman Gary Ross says Pentagon encourage India, China to engage in direct dialogue aimed at reducing tensions and free of any coercive aspects - 1 day ago, 22 Jul 17, 1:54pm -
Arun Jaitley says a host of reforms by Modi govt is raising economy, polity to a new level of transparency, making illicit wealth generation tougher, tax base broader, political funding more open - 1 day ago, 22 Jul 17, 1:34pm -
The CAG has criticised the state-run Ordnance Factory Board (OFB) for critical deficiency in availability of ammunition to the Army since March 2013 - 1 day ago, 22 Jul 17, 11:58am -
Making muscles is not easy. It can get lonely. There is no end to how much you need to eat. And then there’s the nagging question: ‘are you big enough?’ - 1 day ago, 22 Jul 17, 8:44am -
Comptroller and Auditor General (CAG), in a performance audit tabled in Parliament, said ‘governments/state implementing societies were consistently unable to utilize funds’ - 2 days ago, 22 Jul 17, 12:38am -
This is only the third time energy giant RIL, which also has interests in retail and telecom, has announced a bonus issue since listing in 1997 - 2 days ago, 22 Jul 17, 12:32am -
BBC World Service director Francesca Unsworth on the broadcaster’s completion of hundred years in 2022, its expansion strategy in India and the future of digital news - 2 days ago, 21 Jul 17, 11:18pm -
China’s Global Times also warns ‘Beijing may do next is to get prepared for a military confrontation against New Delhi and resolve the conflict through non-diplomatic means’ - 2 days ago, 21 Jul 17, 7:57pm -
Slowly but inexorably, the telecom customers will be drawn into this new world of freebies, affordability. Once the numbers are in place, RIL, with its superior fund-raising capability, will simply keep upping the ante - 2 days ago, 21 Jul 17, 1:13pm -
Reliance Jio will effectively give away the JioPhone to users against a fully refundable security deposit of Rs1,500 which will be returned in 3 years - 2 days ago, 21 Jul 17, 12:58pm -
Why do we produce so few children’s films and TV shows? Have we finally moved beyond mythology? A ground report (and a millennial mom’s search for what her child can watch) - 2 days ago, 21 Jul 17, 11:02am -
The fourth-generation scion of the family that owns Bata Shoe Co. on strategies to tackle the challenges in the Indian market, and the confusion created by the same first name - 2 days ago, 21 Jul 17, 10:32am -
BSE Sensex closed higher by 124 points to 32,029, while the Nifty 50 rose 42 points to 9,915. RIL leads rally on Reliance JioPhone launch. Here are the latest updates from the markets - 2 days ago, 21 Jul 17, 9:39am -
Kidnapping of an Ola rider by a driver is seen as the biggest threat to the expansion of cab-hailing services in India after the rape of a Uber rider in December 2014 - 3 days ago, 21 Jul 17, 1:57am -
Government procurement at the minimum support price is supposed to protect the farmer. But it mainly benefits the large traders. - 3 days ago, 21 Jul 17, 12:48am -
Ram Nath Kovind, the new president-elect of India, is also known to be a strict disciplinarian and likes to keep himself fit - 3 days ago, 20 Jul 17, 8:34pm -
The pilots’ union of Jet Airways says the airline has asked junior pilots to furnish surety bonds worth up to Rs1 crore and serve the company for at least five to seven years - 56 mins ago, 23 Jul 17, 5:16pm -
Mercedes-Benz says ‘better treatment’ in terms of taxation could lead to growth of luxury car segment in the country, help in job creation and increase tax collection - 2 hours ago, 23 Jul 17, 3:50pm -
Air India Express has floated a tender soliciting interest from entities that can set up and manage ‘search engine marketing channels’ for the airline - 3 hours ago, 23 Jul 17, 3:33pm -
Wipro CEO Abidali Neemuchwala says data is going to be the currency of the future and the company has very heavily invested in this area - 4 hours ago, 23 Jul 17, 1:49pm -
The proposal for Ola investing Rs100 crore into Ola Fleet Technologies was accepted by the board of the car leasing arm last month - 5 hours ago, 23 Jul 17, 1:12pm -
Tata Sons chairman Natarajan Chandrasekaran says the company will exit a business only when it is certain and not getting returns from it - 7 hours ago, 23 Jul 17, 11:11am -
Govt plans to quiz Philip Morris about its marketing practices after reports of Marlboro cigarettes ads at tobacco shops, free distributution at nightclubs, bars to promote the brand - 1 day ago, 22 Jul 17, 10:28am -
Indian Bank’s net interest income rose 1.87% to Rs1,259.48 crore and non-interest income jumped 47.63% to Rs652.07 crore - 2 days ago, 22 Jul 17, 1:17am -
This is only the third time energy giant RIL, which also has interests in retail and telecom, has announced a bonus issue since listing in 1997 - 2 days ago, 22 Jul 17, 12:32am -
Air India was to put its accounts and data before panel to explain issues such as its debt burden and way forward on resolving it; ministers had to discuss appointment of transaction adviser, legal adviser and valuer - 2 days ago, 21 Jul 17, 11:50pm -
Terming Reliance Jio a young company, Mukesh Ambani seeks shareholders’ blessings for its young directors Akash and Isha to take RIL to new heights - 2 days ago, 21 Jul 17, 11:09pm -
Lupin says its Goa manufacturing facility has cleared a pre-approval inspection conducted by the US FDA between 17 July and 21 July - 2 days ago, 21 Jul 17, 10:57pm -
Amtek Global Technologies, a subsidiary of Amtek Auto, agreed to sell its manufacturing plants in the UK to Liberty House Group - 2 days ago, 21 Jul 17, 10:23pm -
NCLT orders the appointment of an interim resolution professional to take control of the assets and operations of Electrosteel Steels on a plea by SBI - 2 days ago, 21 Jul 17, 9:21pm -
From the effective price of the Reliance JioPhone to RIL’s capex, here are the key numbers unveiled by Mukesh Ambani in the 40th AGM in Mumbai today - 2 days ago, 21 Jul 17, 8:26pm -
Indian Bank’s net interest income rose 1.87% to Rs1,259.48 crore and non-interest income jumped 47.63% to Rs652.07 crore - 2 days ago, 21 Jul 17, 1:16pm -
Vodafone reports better-than-expected 2.2% revenue growth in its first quarter, reflecting a robust showing in Italy and Spain and an acceleration in demand in Turkey - 2 days ago, 21 Jul 17, 12:59pm -
Reliance Jio will effectively give away the JioPhone to users against a fully refundable security deposit of Rs1,500 which will be returned in 3 years - 2 days ago, 21 Jul 17, 12:58pm -
Vedanta CEO Sunil Duggal, Zinc prices on the London Metal Exchange may rise to about $3,000 a metric ton in the next couple of quarters - 2 days ago, 21 Jul 17, 12:34pm -
Reliance Industries held its AGM in Mumbai in which Chairman Mukesh Ambani announced a new 4G feature phone and a bonus issue. Here are the latest updates - 2 days ago, 21 Jul 17, 11:52am -
UAE carriers should not be allowed to operate additional flights in excess of their capacity entitlements, says Federation of Indian Airlines in letter to aviation ministry - 2 days ago, 21 Jul 17, 11:32am -
Jaguar Land Rover (JLR) opens its first overseas engine plant in China, a week after saying it would build a global model entirely outside Britain for the first time - 2 days ago, 21 Jul 17, 11:13am -
In other news, Bajaj Auto is likely to partner Europe’s iconic motorcycle brand Ducati, encouraged by its existing partnership with KTM - 2 days ago, 21 Jul 17, 10:39am -
Microsoft’s turnaround plan gets back on track in the quarter, mainly due to an almost twofold rise in demand for its Azure cloud services in the last six months - 2 days ago, 21 Jul 17, 10:38am -
The fourth-generation scion of the family that owns Bata Shoe Co. on strategies to tackle the challenges in the Indian market, and the confusion created by the same first name - 2 days ago, 21 Jul 17, 10:32am -
Tata Starbucks reports it had narrowed losses 19.6% year-on-year to Rs16.13 crore, as per data from Tata Global Beverages’ annual report for fiscal year 2016-17 - 2 days ago, 21 Jul 17, 10:10am -
ICICI Bank is opposing the application filed by Ramsarup Industries because it has already launched the process of recovering its loans under the Sarfaesi Act - 2 days ago, 21 Jul 17, 9:37am -
Paytm plans to sell 5 tonnes of gold valued around $200 million this year as it strives to develop a viable business from its e-wallet platform - 2 days ago, 21 Jul 17, 9:19am -
The next leg in the resolution process for Jyoti Structures, Monnet Ispat and Alok Industries, with National Company Law Tribunal (NCLT) approving bankruptcy proceedings against them - 2 days ago, 21 Jul 17, 9:07am -
InterGlobe, which operates IndiGo carrier, is planning the sale to help cut its owners’ stake to achieve the minimum public shareholding of 25% - 2 days ago, 21 Jul 17, 8:40am -
Pratik Bose, managing partner of the new fund of Indian Angel Network, says there is no dearth of funding opportunities for young start-ups - 3 days ago, 21 Jul 17, 3:45am -
Luxmi Tea decided to decided to develop tea plantations in Rwanda because the quality of the crop there is very good, says Rudra Chatterjee - 3 days ago, 21 Jul 17, 2:25am -
HDFC Life is expected to file a draft red herring prospectus with market regulator Sebi in August, people familiar with the matter said - 3 days ago, 21 Jul 17, 2:01am -
RIL in a BSE filing said it will invest in Israel-based Jerusalem Innovation Incubator, which will focus on technology start-ups - 3 days ago, 21 Jul 17, 1:16am -
ABG Shipyard admits before the Ahmedabad bench of the NCLT that it had defaulted on loan repayments and agreed for bankruptcy proceedings to be initiated against it - 3 days ago, 20 Jul 17, 10:39pm -
Economic TimesJet Airways asks junior pilots to furnish Rs 1 crore bondsEconomic TimesMUMBAI: Jet Airways has asked junior pilots to furnish surety bonds worth up to Rs 1 crore and serve the airline for at least five to seven years, union sources said. The development comes at a time when many of its junior pilots have been asked to ...After Jet Airways pilots pay cut order, Air India privatisation, experts say, step better than layoffsFinancial Expressall 4 news articles » - 2 hours ago, 23 Jul 17, 4:27pm -
Times of IndiaRussia keen to sell new fighter jet MiG-35 to IAF: OfficialTimes of IndiaZHUKOVSKY (Russia): Russia is keen on selling its new fighter jet MiG-35 to India with the MiG corporation's chief saying the country has evinced interest in the aircraft and talks were on to understand its requirements. Director General of Russian ...Combat tasks more challenging in modern aircraft: Lead test pilot of Mig-35Economic TimesRussia-India talks on buying new generation MiG-35sThe News MinuteWWC fi… - 2 hours ago, 23 Jul 17, 4:05pm -
International Business Times, India EditionHome base: Not briefing Tata trusts on every move I make, says ChandraInternational Business Times, India EditionTata group will prune portfolio and sell underperforming firms, says chairman, points out that group has priorities other than Nano. no photo · IBTimes Staff Reporter. July 23, 2017 15:34 IST. Tata Sons Chairman Natarajan Chandrasekaran speaks to ...N Chandrasekaran gets down to business, could soon shut or sell off misfiring Tata companies… - 3 hours ago, 23 Jul 17, 3:34pm -
Economic Times26 chartered accountants under lens amid crackdown on shell companiesEconomic TimesNEW DELHI: At least 26 chartered accountants have come under the scanner of the ICAI for allegedly helping shell companies, a senior official said. The Institute of Chartered Accountants of India (ICAI) is the regulator for accountancy professionals ...Some cushy Public Sector jobs and the globe trotting ICAI's PresidentsTimes of India (blog)ICAI CA IPCC May 2017 Results to Published on 1st August at… - 3 hours ago, 23 Jul 17, 3:24pm -
Economic TimesSalary shocker: Your CEO may be taking home 1200 times more money than what you earnEconomic TimesNEW DELHI: A huge pay gap between CEOs and other employees at Indian companies has come to the fore, with the biggest listed blue-chip firms doling out to their top executives salary packages of up to 1,200-times of their median employee ...and more » - 3 hours ago, 23 Jul 17, 2:51pm -
Economic TimesOla pumps in Rs 100 crore into car leasing businessEconomic TimesNEW DELHI: Cab aggregator Ola has invested Rs 100 crore in its car leasing subsidiary, Ola Fleet Technologies. The investment comes at a time when the homegrown firm is locked in an intense battle with US-based Uber for leadership in the Indian market.and more » - 5 hours ago, 23 Jul 17, 1:02pm -
Economic TimesLaunching Rs 200 note will fill missing middle: SBI ReportEconomic TimesNEW DELHI: Introduction of Rs 200 note will fill in the "missing middle" even as the new currency in circulation (CIC) has already reached 84 per cent of the pre demonetisation level, says a report. Cash with banks, a CIC component, has however ...and more » - 5 hours ago, 23 Jul 17, 12:51pm -
India TVHow taxpayers are finding ways to circumvent Aadhaar-PAN linkageIndia TVA large proportion of taxpayers filed their returns manually, via snail mail, rather than getting an Aadhaar card. Several others filed their returns online early, before June 30, when the Aadhaar linkage was not compulsory. Edited by: India TV ...Aadhaar: Taxpayers File Tax Returns Manually to Avoid Linking with PANIndia.comAadhaar rebels find ways to give PAN linkage a missInternational Business Times, India Editio… - 10 hours ago, 23 Jul 17, 8:33am -
Times of IndiaRs 11 crore levied as 'superfast' surcharge, but trains delayed up to 95% of timesTimes of IndiaAGRA: North Central Railway (NCR) and South Central Railway (SCR) levied and collected Rs 11.17 crore from passengers+ as 'superfast' surcharges, but some of their superfast trains were delayed more than 95% times+ , said a CAG report tabled in ...IRCTC forms new policy to upgrade quality of foodEconomic TimesAudit slams Railways on food qualityThe HinduNew Policy To Upgrade Railway Foo… - 12 hours ago, 23 Jul 17, 6:40am -
Times of IndiaDemonetisation, GST to make cash dealings tough: JaitleyTimes of IndiaNEW DELHI: The impact of the demonetisation drive and the rollout of the goods and services tax (GST) will make it tough to deal in cash, leading to greater compliance, digitisation and widening of the tax base, Union finance minister Arun Jaitley said ...EC failed to check the use of 'invisible money', says Arun JaitleyThe Indian ExpressSubstantial ethical rationale behind note ban, GST: Arun JaitleyEconomic Tim… - 14 hours ago, 23 Jul 17, 4:05am -
A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporte… - 10 Jan 17, 10:16pm -
Trump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. “I’ve been doing this job for 30 years,” Jones, president of the United Steelworkers Local 1999, told CNN on Thursday morning. - 8 Dec 16, 8:17pm -
The sight of workers sleeping on the job is common in China, where a surplus of cheap labor can lead to downtime and employees at startup companies work long hours. - 11 May 16, 11:09pm -
This story is part of a weeklong Yahoo series marking one year since the opening of relations between the United States and Cuba. - 15 Dec 15, 8:59am -
The main U.S. stock indexes hit record intraday highs on Monday, with the S&P 500 topping $20 trillion in combined market-capitalization for the first time ever, as the "Trump trade" jump-started on renewed optimism about the economy. President Donald Trump vowed last week to make a major tax announcement in the next few weeks, rekindling a rally that has stalled amid concerns over Trump's protectionist stance and lack of clarity on policy reforms. The S&P has surged 8.3 percent since Trump's No… - 13 Feb 17, 9:57pm -
(Reuters) - CBS Corp’s airing of the 59th Annual Grammy Awards drew a 16.0 overnight rating on Sunday night, down slightly from last year, according to Nielsen data. Last year’s Grammys show, which aired on a Monday night, drew a 16.1 overnight rating, translating to nearly 25 million viewers. - 13 Feb 17, 9:01pm -
U.S. stocks looked set to open higher on Monday as the so-called "Trump trade", which sent Wall Street to record highs last week, looked set to pick up speed after a brief lull. The three main U.S. stock indexes closed at record highs on Thursday and Friday as optimism about the economy rose after President Donald Trump vowed to make a major tax announcement in the next few weeks. The S&P 500 has surged 8.3 percent since Trump's Nov. 8 election, fueled by expectations he will lower corporate tax… - 13 Feb 17, 7:14pm -
By Jamie McGeever LONDON (Reuters) - World stocks and bond yields rose on Monday, lifted by a re-emergence of so-called "Trump trades" as investors bet that the U.S. president's tax reform plans will boost economic growth and corporate profits. The Japanese yen was the biggest underperformer among major currencies, as is typical when riskier assets such as stocks are doing well. Investors were also comforted by the two-day U.S.-Japan summit held over the weekend apparently having ended smoothly… - 13 Feb 17, 6:10pm -
Dutch brewer Heineken said on Monday that it will acquire Brasil Kirin Holding SA, one of the largest beer and soft drinks producers in Brazil, for 664 million euros ($704 million). Heineken said it will become the second largest beer company in Brazil after the deal. - 13 Feb 17, 4:07pm -
REUTERS - Indian shares ended nearly flat on Monday, as losses in financials such as Bank of Baroda Ltd and telecom company Idea Cellular Ltd offset gains in IT stocks. The BSE Sensex rose 0.06 percent to 28,351.62. The broader NSE Nifty rose 0.13 percent to 8,805.05. (Reporting by Tanvi Mehta in Bengaluru; Editing by Gopakumar Warrier) - 13 Feb 17, 3:38pm -
By Melanie Burton MELBOURNE (Reuters) - Some global banks briefly froze credit lines for Singapore metal traders last month after a unit of commodities giant Glencore uncovered fake warehousing receipts, people familiar with the matter said, reviving the spectre of a $3 billion scandal that rocked the trading world three years ago. Two people who have metal storage dealings with Access World said the company told them the receipts were from a third party, not issued internally. "We checked with… - 13 Feb 17, 2:36pm -
The monthly average for home sales plummeted 40 per cent during November-December period in the top nine cities as customers put off their decision to buy homes in anticipation of a decline in prices post-demonetisation. - 13 Feb 17, 2:22pm -
Mumbai, Feb 13 (IANS) Disappointing domestic macro-economic data, along with below-than-expected quarterly results and profit booking, dragged the Indian equities markets lower during the mid-afternoon trade session on Monday. - 13 Feb 17, 1:38pm -
By Maha El Dahan DUBAI (Reuters) - India, the world's biggest consumer of sugar, will likely need to import around 1.5 million tonnes of the sweetener this 2016/2017 season, the chairman of one of the country's sugar trade associations told Reuters on Monday. "The timing of the imports will be settled by the government but I personally feel that around 1.5 million tonnes is enough," Praful Vithalani, the chairman of the All India Sugar Trade Association, said in an interview on the sidelines of… - 13 Feb 17, 1:11pm -
By David Lawder WASHINGTON (Reuters) - The U.S. Senate is expected to confirm former Goldman Sachs banker and Hollywood financier Steven Mnuchin as Treasury secretary on Monday, returning a Wall Street veteran to the top U.S. economic and financial job for the first time in eight years. Mnuchin's appointment to Treasury signals the Trump administration's trust in bankers and other senior business executives after Democrat Barack Obama launched his presidency with career regulator Timothy Geithne… - 13 Feb 17, 11:55am -
By Tetsushi Kajimoto and Stanley White TOKYO (Reuters) - Japan's economy grew for a fourth straight quarter in the final three months of last year as a weaker yen supported exports, but tepid private consumption and the risks of rising U.S. protectionism cast doubts over a sustainable recovery. Japan's export-driven growth over the quarter has helped fill the economic shortfall left by anaemic domestic demand, but accompanying this tailwind are concerns Japan's persistent trade surplus with the… - 13 Feb 17, 10:08am -
Mumbai, Feb 12 (IANS) Macro-economic inflation data, amidst the last batch of third quarter results, along with global cues are expected to chart the movement of the equities markets during the upcoming week. "Investors are expected to closely follow cues such as the quarterly results and the domestic economic data during the upcoming week and the price movement of the Indian rupee," Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS. "Indian equity markets are likely to… - 12 Feb 17, 4:40pm -
The five commodity boards, a few of which were established way back in 1940s, are responsible for production, development and export of tea, coffee, rubber, spices and tobacco. A merger of these boards could help in harmonising their activities and boost exports. The Coffee Board, which is a statutory organisation, was constituted under the Coffee Act, 1942. - 12 Feb 17, 3:22pm -
By Alastair Macdonald BRUSSELS (Reuters) - Michel Barnier has a dealmaker's flair for gauging what the other side can accept but as Theresa May prepares to launch Brexit negotiations some EU officials wonder if Brussels' man can really figure out what she wants. "He's very good at working out what people want, where the landing zones are to get them to agreement," said one of several people who have worked with Barnier and spoke to Reuters about the EU's chief Brexit negotiator. "He reads a room… - 12 Feb 17, 2:11pm -
Hinging heavily on a protectionist rhetoric Donald Trump rode to power in the US presidential elections. India, along with other developing nations in Asia, watched with trepidation and in no time felt the first aftershock – a massive outflow of funds from its bourses with investors betting big in the US markets on hopes that Trump would revive the nation’s economy big time. In his resolve to “bring jobs back to America,” Trump has initiated an overhaul of the existing visa programmes to… - 12 Feb 17, 3:24am -
Authorities in China's third-largest city warned that about 30 percent of its live poultry markets were contaminated with the H7N9 avian flu virus, as an eastern province ordered markets to shut, state media reported on Saturday. East China's Zhejiang province has ordered all markets across the province to halt live poultry trade on Saturday over bird flu concerns, state media Xinhua reported citing the province's Center for Disease Control and Prevention. In January, Zhejiang reported 35 infect… - 11 Feb 17, 10:27pm -
New Delhi, Feb 11 (IANS) Union Finance Minister Arun Jaitley on Saturday credited securities market regulator SEBI for being a professional organisation which has been evolving as per the needs of the economy. Jaitley's comments on the evolution of SEBI's role came after he addressed its Board at a post-Budget meet. "SEBI is a professional organisation with considerable experience," Jaitley said adding that it has been evolving as per the needs of the economy and the markets. - 11 Feb 17, 9:02pm -
Buoyed by increased buying in debt and equity by foreign investors, the Indian rupee gained to hit a 14-week high against the US dollar on Friday. The domestic currency closed at 66.85 to the greenback. Foreign portfolio investors (FPIs) have been sustained buyers of both debt and stocks over the past few trading sessions, except on certain days. Direct and indirect tax collections for the 10-month period ending January 2017 increase by 10.8 percent and 23.9 percent, respectively. - 11 Feb 17, 4:59pm -
Vishal Sikka, CEO and MD of Infosys, will be the most-watched man on Monday (February 13) when he speaks at the Kotak conference. Apart from retail shareholders, institutional investors will be keen to listen to him even as the Indian IT services firm faces a tough battle involving the management and the founders. "Dr. Vishal Sikka, CEO & MD – Infosys will deliver a key note address at the Kotak's Chasing Growth Conference, on February 13 at 10.00 am IST. - 11 Feb 17, 2:47pm -
